How to Check Safety Controls & Devices IPO Allotment Status

Incorporated in June 2015, Safety Controls and Devices Limited specialises in EPC (Engineering, Procurement, and Construction), focusing on substations, solar plants, firefighting equipment, and hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, the company operates as an engineering enterprise.

The company primarily caters to government entities and undertakings, constituting a significant portion of its customer base. This includes various state and central government power utilities, private power entities, and renewable energy developers. 

Safety Controls & Devices IPO is a book build issue of ₹48.00 crore, entirely comprising a fresh issue of 0.60 crore shares aggregating to ₹48.00 crore. The IPO opened on April 6, 2026, and closed on April 8, 2026. The allotment is expected on Thursday, April 9, 2026. The share price band was set at ₹75 to ₹80 per share.
 

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Steps to Check Safety Controls & Devices IPO Allotment Status on Registrar Site

• Visit the BSE IPO Allotment Status Page Maashitla Securities Pvt. Ltd.
• Select "Safety Controls & Devices" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Safety Controls & Devices IPO Allotment Status on BSE/NSE

• Navigate to the BSE SME IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Safety Controls & Devices" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Safety Controls & Devices IPO Subscription Status

Safety Controls & Devices IPO subscribed 1.28 times overall. Here is the category-wise breakdown as of 4:54:42 PM on April 8, 2026:

• QIB Category (Ex Anchor): 1.31 times
• Non-Institutional Investors (NII): 2.45 times
• Individual Investors: 0.76 times

Safety Controls & Devices IPO Share Price and Investment Details

The minimum investment required was ₹2,56,000 for 2 lots (3,200 shares) for individual investors. The issue raised ₹12.67 crore from anchor investors. The issue includes a reservation of up to 3,04,000 shares for the market maker, NNM Securities Pvt. Ltd. The anchor investor lock-in period ends on May 9, 2026 for 50% of shares (30 days) and July 8, 2026 for the remaining shares (90 days). Given the overall subscription of 1.28 times with moderate institutional interest at 1.31 times, healthy NII participation at 2.45 times, and weak individual investor subscription at 0.76 times, the share price listing expectations remain cautiously positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for repayment/prepayment, in part or full, of certain borrowings (₹6.00 crore), funding the working capital requirements of the Company (₹31.50 crore), and general corporate purposes.

Business Overview

Safety Controls and Devices Limited is primarily engaged as an EPC contractor for installation of substations, solar plants, firefighting equipment, and other infrastructure. It has recently entered into hospital construction as an engineering enterprise. The company is operating in highly competitive and fragmented segments.

The company demonstrated financial performance with total income of ₹103.50 crore for FY2025 and a net worth of ₹54.47 crore as of January 31, 2026. The company benefits from technical expertise, good relationships with Original Equipment Manufacturers (OEMs) and suppliers, a well-established association with government entities, a skilled workforce, quality assurance, diversified offerings, and an experienced leadership and management team. However, investors should note the post-issue P/E ratio of 15.51 and Price to Book Value of 2.03.